The Aaron's Company, Inc. Revises Financial Guidance for the Year 2021
April 27, 2021 at 07:00 am EDT
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The Aaron's Company, Inc. revised financial guidance for the year 2021. For the year, the company now expects total revenue is in the range of $1,725,000,000 to $1,775,000,000 compared to original outlook is in the range of $1,650,000,000 to $1,700,000,000. The company also increased same-store revenue outlook from a range of 0% to 2% to a range of 4% to 6%.
The Aaronâs Company, Inc. is a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions for appliances, electronics, furniture, and other home goods across its brands, including Aaronâs, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. The Company offers a direct-to-consumer lease-to-own solution through its approximately 1,240 Company-operated and franchised stores in 47 states and Canada, as well as its own e-commerce platform. BrandsMart U.S.A. is an appliance retailer in the country with about 11 retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. The Companyâs business segment consists of Aaron's branded Company-operated and franchise-operated stores; aarons.com e-commerce platform (aarons.com); Woodhaven; and BrandsMart Leasing (collectively Aaronâs Business).
THE AARON'S COMPANY, INC. 
